SACE

SACE

Servizi Assicurativi del Commercio Estero

An export credit agency (ECA) in Italy. It provides a wide range of export credit and advisory services, and especially extends credit for trade with Africa and the Balkans. Like other export credit agencies, SACE is controversial; critics allege that ECAs negatively impact international development, as developing countries cannot compete with insured exports. Proponents of ECAs argue that they enable developing countries to import products they otherwise would not be able to afford.

SACE and the banks intend to initiate a collaboration, consistent with applicable regulations and the restoration of the payments system, to identify short- and medium/long- term projects of mutual interest and to develop the insurance-financial structures best suited to support them.

40 million) Musataha Agreement (the right to build and retain a building) with Abu Dhabi Ports in May 2015; and with the support of SACE will establish a fully automated production plant utilising cutting-edge Italian technology to manufacture intricate equipment in various formats and metallurgies.

The SACE Board recognises the importance and relevance of research and developing research skills amongst high school students, which is why it has included a subject called the Research Project in Year 12.

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